About Coweta County, GA

The 2011 Newnan Candlelight Tour of Homes is scheduled for Friday December 2 from 4:00 until 9:00 P.M.

The annual event is staged by the Piedmont Newnan Hospital Auxiliary and this year will feature five homes in the Cole Town Historic District.

The tour homes this year will include Victorian, Craftsman, and Cottage styles and were all constructed in the late 19^th and early 20^th Centuries.

Tickets are $12 in advance or $15 on the day of the tour. Advance tickets may be purchased at Scott’s Bookstore on the square, the Coweta County Convention and Visitor’s Bureau in the old courthouse, Morgan’s Jewelers in Ashley Park or the Newnan Piedmont Hospital Gift shop.

There is free parking at the Old Train Depot which will be open and offering light refreshments to tour visitors.

As a CSX Northbound freight rumbles past the old Madras Depot, the fate of the historic building is still in the hand of local benefactors.

Built along the Atlanta and West Point Railroad in the mid 1850’s, the antebellum structure is in danger of being razed.

The county has left the fate of this piece of Coweta County history in the hands of private citizens that wish to move the building from the right of way to a safe location which it can be restored and preserved.

It’s hard to even fathom how much human history occurred along this historic route. Everything from soldiers being deployed during the Civil War to generations of local farmers shipping their goods toAtlanta and the world beyond.

As a lover of both history and railroads, I hope that the building will be saved.

It’s an interesting piece in the puzzle of Coweta County history!

As the first chill of the season stealthily descended into Newnan Georgia last night, I turned on the furnace for the first time this year.

It served as an unpleasant reminder that the cold, dark days of Winter are just around the corner. And although I can’t do anything about it, it is a bit depressing to say the least.

One of the reasons that I moved to Georgia so many years ago was to escape the frigid Winters of Western Pennsylvania. By contrast,Georgia enjoys a relatively temperate climate.

But with each passing year of living in the South, it FEELS colder to me. Perhaps it is just age, but my preference would be a life of perpetual Spring and Autumn with mild days and cool nights.

But ready or not, Winter is on the way. And it’s time to prepare for it!

And I’m already looking forward to Spring.

ATTENTION HOMEBUYERS: USDA (GRH) FUNDING UPDATE

FISCAL YEAR 2012 FUNDS AVAILABLE UNDER

CONTINUING RESOLUTION!

Fiscal Year 2012 funds have been made available for purchase transactions for the USDA Rural Development Loan Program under a Continuing Resolution which expires on November 18, 2011.

At this time we can only provide funding information through the expiration of the current Continuing Resolution (November 18, 2011), however, we will advise of any changes in funding as soon as they become available.

Georgia's #1 USDA Rural Development Lender

Jeff Wilmoth | Homestar Financial Corporation
848 Jesse Jewell Parkway Gainesville, GA 30501
Direct: (404) 597-5662 | Jeff@JeffWilmoth.com

Mortgage Loan Originator NMLS ID: 206798 | Homestar Financial Corporation 770 503-0380, a Georgia Corporation, NMLSR# 70864, holds the following licenses: Nationally Approved USDA lender USDA GRH program, HUD Mortgagee ID #1897400009, VA Lender ID #64103600000, Georgia Residential Mortgage Licensee # 17368

Inventories of REO properties and HUD homes in Coweta County Georgia are at one of the lowest levels in years.

In addition, the number of foreclosures advertised for sale on the courthouse steps is about a third of what it was at the peak of the madness. But what does this really mean for the Coweta County real estate market?

For those of us in the business, there is a sneaking suspicion that this reduction in distressed property for sale is NOT an indicator of better economic factors.

More than likely, it is the direct result of lien-holders working with owners that are in trouble and allowing them to stay in their homes longer. And as the tine between default and foreclosure increases, inventory shrinks proportionately.

It’s a short term effect, and not a long term fix. And it may be a case of delaying the inevitable.

Only time will tell.